ALL |
META-ANALYSIS |
CITATIONS |
|
Benefit-Cost Summary Statistics Per Participant | ||||||
---|---|---|---|---|---|---|
Benefits to: | ||||||
Taxpayers | $72 | Benefits minus costs | ($219) | |||
Participants | $277 | Benefit to cost ratio | $0.53 | |||
Others | $160 | Chance the program will produce | ||||
Indirect | ($262) | benefits greater than the costs | 38% | |||
Total benefits | $247 | |||||
Net program cost | ($467) | |||||
Benefits minus cost | ($219) | |||||
Meta-Analysis of Program Effects | ||||||||||||
Outcomes measured | Treatment age | No. of effect sizes | Treatment N | Effect sizes (ES) and standard errors (SE) used in the benefit-cost analysis | Unadjusted effect size (random effects model) | |||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|
First time ES is estimated | Second time ES is estimated | |||||||||||
ES | SE | Age | ES | SE | Age | ES | p-value | |||||
Persistence within 1st year Persistence from enrollment through the end of the first year of higher education in a 2- or 4-year institution. |
21 | 2 | 1470 | 0.054 | 0.043 | 21 | 0.054 | 0.043 | 21 | 0.054 | 0.211 | |
Persistence into 2nd year Completion of the first year and re-enrollment in the second year of higher education in a 2- or 4-year institution. |
21 | 1 | 709 | -0.009 | 0.065 | 22 | -0.009 | 0.065 | 22 | -0.009 | 0.883 | |
Remedial credits earned^ Course credit earned in courses that are below college level. Also called developmental credits or basic skills credits, these often do not count toward graduation requirements. |
21 | 2 | 1470 | 0.031 | 0.059 | 22 | n/a | n/a | n/a | 0.031 | 0.604 |
Detailed Monetary Benefit Estimates Per Participant | ||||||
Affected outcome: | Resulting benefits:1 | Benefits accrue to: | ||||
---|---|---|---|---|---|---|
Taxpayers | Participants | Others2 | Indirect3 | Total |
||
Persistence into 2nd year | Labor market earnings associated with higher education | $129 | $303 | $160 | $0 | $592 |
Costs of higher education | ($57) | ($26) | $0 | ($28) | ($111) | |
Program cost | Adjustment for deadweight cost of program | $0 | $0 | $0 | ($233) | ($233) |
Totals | $72 | $277 | $160 | ($262) | $247 | |
Detailed Annual Cost Estimates Per Participant | ||||
Annual cost | Year dollars | Summary | ||
---|---|---|---|---|
Program costs | $381 | 2016 | Present value of net program costs (in 2023 dollars) | ($467) |
Comparison costs | $0 | 2016 | Cost range (+ or -) | 20% |
Benefits Minus Costs |
Benefits by Perspective |
Taxpayer Benefits by Source of Value |
Benefits Minus Costs Over Time (Cumulative Discounted Dollars) |
The graph above illustrates the estimated cumulative net benefits per-participant for the first fifty years beyond the initial investment in the program. We present these cash flows in discounted dollars. If the dollars are negative (bars below $0 line), the cumulative benefits do not outweigh the cost of the program up to that point in time. The program breaks even when the dollars reach $0. At this point, the total benefits to participants, taxpayers, and others, are equal to the cost of the program. If the dollars are above $0, the benefits of the program exceed the initial investment. |
Weiss, M.J., Visher, M.G., Wathington, H., & National Center for Postsecondary Research. (2010). Learning communities for students in developmental reading: An impact study at Hillsborough Community College. New York: National Center for Postsecondary Research.
Weissman, E., Butcher, K.F., Schneider, E., Teres J., Collado, H. Greenberg, D. & Welbeck, R. (2011). Learning Communities for Students in Developmental Math: Impact Studies at Queensborough and Houston Community Colleges. New York: National Center for Postsecondary Research.